Analysis: China targets India as outsourcing race hots up
Back in 2004 Forbes ran a poll asking its readers if China or India would be the premier outsourcing location in the global business world by 2010. In itself it appeared a facile question, given the growth of India’s outsourcing giants and the fragmented nature of the Chinese outsourcing market.
Now, as that 2010 date looms, China appears to be launching a late bid for parity, with the kind of rapid consolidation that many analysts believed to be essential if the country was to pose a genuine threat to its great rival.
Last month, one of China’s leading outsourcing service providers, iSoftStone, announced ambitious expansion plans. “We have 7,000 employees now, but we plan to have at least double that number a year from now,” Liu Tianwen, the company’s chief executive told the Financial Times.
